SmarterDividends

NGG vs VST: Which Is the Better Dividend Stock?

As of Nov 5, 2026, VST (Vistra Corp.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NGG offers the higher yield at 3.80%, VST has the higher dividend-safety score, and NGG looks like the better value (its fair-value estimate is 16% above its share price).

Key facts: NGG vs VST

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, National Grid plc (NGG) has the higher forward dividend yield at 3.80%, versus 0.77% for Vistra Corp. (VST).
  • As of Nov 5, 2026, SmarterDividends grades NGG's dividend safety C (51/100) and VST's B (76/100).
  • By SmarterDividends' count as of Nov 5, 2026, NGG has raised its dividend for 0 consecutive years and VST for 6.
  • As of Nov 5, 2026, NGG pays out 72% of its earnings as dividends and VST pays out 15%.
  • As of Nov 5, 2026, NGG's fair-value estimate is 16% above its share price and VST's fair-value estimate is 15% below its share price, so NGG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NGG vs VST: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ngg-vs-vst

MetricNGGVST
Forward yield3.80%0.77%
Annual dividend$3.24$0.92
Payout ratio72%15%
Years of growth0 yr6 yr
5-yr dividend growth-0.1%10.8%
5-yr total return27%596%
Dividend safety score51 (C)76 (B)
Fair value estimate$100.21$96.42
Upside to fair value+16%-15%
Frequencysemiannualquarterly
Market cap$86.9B$38.1B
P/E ratio19.719.1

Higher yield

NGG

3.80%

Safer dividend

VST

Grade B

Faster growth

VST

10.8%

Better value

NGG

+16% upside

NGG vs VST — FAQ

Is NGG or VST a better dividend stock?

On the data, VST wins more head-to-head categories (5 vs 3). NGG offers the higher yield (3.80%), while VST has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, NGG or VST?

NGG has the higher forward dividend yield at 3.80%, versus 0.77% for VST.

Is NGG or VST safer?

VST has the higher dividend-safety score (76/100 vs 51/100), reflecting stronger payout coverage and dividend-growth history.

Is NGG or VST better value right now?

As of Nov 5, 2026, NGG looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For VST, its fair-value estimate is 15% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.